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1101 Doctor Martin Luther King Ave NE #9, Albuquerque, NM, 87106

1beds
1baths
581sqft
$199,900
$344price/sqft
$1,428/moest. monthly cost
$57,120/yrincome needed

About This Home

'Under Contract Taking Backup Offers'Modern Upscale Condo in a Gated Community. Experience urban living in this bright and airy loft-style condo, ideally located near UNM, hospitals and downtown. Featuring soaring ceilings and abundant natural light, this home offers a spacious, contemporary feel. The HOA covers exterior building maintenance, landscaping, and a gated security system, offering a low-maintenance ownership. All appliances are included, along with the convenience of on-site parking. Located just minutes from UNM, with easy freeway access, shopping, dining, and entertainment nearby, this condo is perfect as a primary residence, a convenient city retreat, or an excellent investment property with strong rental potential. Don't miss this opportunity to own a stylish, low-maintenance condo in a prime location.

Getting Around

71
WalkingVery Walkable
48
TransitSome Transit
73
BikeVery Bikeable

Schools

7/10
6/10
Jefferson Middle SchoolGrades 6-81.3 mi
3/10
Albuquerque High SchoolGrades 9-120.8 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 2006

Materials

  • Roof: Flat,Mixed,Pitched
  • Construction materials: Frame,Stucco,Rock

Other

  • Builder name: Sean Gillian

Type & Style

  • Home type: Condo
  • Architectural style: Contemporary
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Built-In Electric Range,Dryer,Dishwasher,Disposal,Microwave,Refrigerator,Self Cleaning Oven,Washer
  • Laundry features: Electric Dryer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Garden Tub/Roman Tub,High Ceilings,High Speed Internet,Intercom,Loft,Skylights,Tub Shower,Cable TV
  • Window features: Double Pane Windows,Insulated Windows,Sliding,Skylight(s)
  • Flooring: Carpet Free,Concrete,Wood

Heating & Cooling

  • Heating features: Combination,Central,Forced Air
  • Cooling features: Refrigerated

Interior Area

  • Total structure area: 581
  • Total interior livable area: 581 sqft

Kitchen

  • Level: Main
  • Area: 144

Living Room

  • Level: Main
  • Area: 142.79

Primary Bedroom

  • Level: Upper
  • Area: 202.5
  • Dimensions: Open Loft

Property

Details

  • Parcel number: 10150571634442501AJ
  • Attached to another structure: Yes
  • Zoning description: R-MH*
  • Other equipment: Intercom

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Open,Patio
  • Exterior features: Courtyard,Private Yard,Sprinkler/Irrigation
  • Fencing: Back Yard,Gate,Wall

Lot

  • Lot size: 10,018 sqft
  • Features: Corner Lot,Landscaped,Planned Unit Development,Many Trees,Sprinklers Automatic,Xeriscape

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Earthquake
Winter Weather
Hail
Lightning

FEMA Declared Disasters in Bernalillo County and New Mexico

Fire
Flood
Mud Landslide
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,010$12,120
Home Insurance *$129$1,548
Property Taxes $141$1,692
Electricity $148$1,780
Total$1,428$17,136
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$48,960/yr
40% on housing$42,840/yr
45% on housing$38,080/yr

New Mexico FAIR Plan Programs

New Mexico Property Insurance Program

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,506Commercial: 306
Total Premiums$5.96M
Total Exposure$950.67M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.7%
9.7%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 0.2%
0.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$344This listing

vs Other Active Listings

Avg $/sqft

ZIP 87106$199
Bernalillo County$198

vs Homes Sold Last Month

Median $/sqft

ZIP 87106
Bernalillo County

Current Market Trends

No market data available for this area

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-10Pending sale$199,900
2026-06-28Listed for sale$199,900

For Sale by Agent

AgentApril Ager
BrokerageNM Real Estate Resources, Inc

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